ECB's Villeroy: The latest data shows France has clearly passed inflation peak

<ul><li>Economy fully justifies end of rate hikes and future must be guided towards patience</li></ul><p>It's wait-and-see from Villeroy. Today's eurozone inflation data was at 2.9% vs 3.1% expected, which is a good start. Moreover, Italian CPI rose just 1.8% y/y in October.</p>

This article was written by Adam Button at www.forexlive.com.